Brief: Hamborner REIT FY Income From Rents And Leases Up 3.6% To EUR 88.2 Million

HAMBORNER REIT AG

04/02/2021 06:10

Feb 4 (Reuters) - Hamborner REIT  HABG.DE :

    * COMPLETES 2020 FINANCIAL YEAR WITH FURTHER GROWTH IN
REVENUE AND
EARNINGS - PRELIMINARY FIGURES UNDERLINE PROFITABILITY AND
PORTFOLIO STABILITY
    * FY INCOME FROM RENTS AND LEASES RISES BY 3.6% TO EUR 88.2
MILLION
    * FY FFO UP 2.4% YEAR-ON-YEAR AT EUR 55.6 MILLION
    * DIVIDEND PROPOSAL LIKELY IN LINE WITH PREVIOUS YEAR
    * GUIDANCE FOR CURRENT FINANCIAL YEAR: - INCOME FROM RENTS
AND
LEASES OF BETWEEN EUR 82 MILLION AND EUR 86 MILLION
    * SEES 2021 FUNDS FROM OPERATIONS (FFO) OF BETWEEN EUR 45
MILLION
AND EUR 50 MILLION
    * NET ASSET VALUE (NAV) EXPECTED IN 2021 TO BE AT ABOUT SAME
LEVEL
AS PREVIOUS YEAR

Source text for Eikon:  ID:nEQ5K9Gh2a 
Further company coverage:  HABG.DE 

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